Looking to balance out your exposure to MUSA? The ETFs below have the lowest correlation with MUSA — they tend to move on their own, which can help reduce risk when MUSA drops. The stock ideas table highlights individual companies that behave independently from MUSA.
Best Diversifiers for MUSA
12 ETFs have low correlation with MUSA (below 0.3), 11 of which are negatively correlated. The least correlated is Direxion Daily Technology Bull 3X Shares (TECL) (Leveraged Equities) with a 1Y correlation of -0.17, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily Technology Bull 3X Shares | -0.17 | 0.05 | 0.13 | 85 | Leveraged Equities, Technology Equities | MUSA vs TECL | |
| Fidelity MSCI Information Technology Index ETF | -0.16 | 0.05 | 0.13 | 77 | Technology Equities | MUSA vs FTEC | |
| ProShares UltraPro QQQ | -0.11 | 0.08 | 0.14 | 71 | Leveraged Equities | MUSA vs TQQQ | |
| Invesco S&P 500 Momentum ETF | -0.11 | 0.10 | 0.22 | 75 | Momentum, S&P 500 | MUSA vs SPMO | |
| iShares Russell Top 200 ETF | -0.10 | 0.11 | 0.19 | 67 | Large Cap Growth Equities | MUSA vs IWL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MUSA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MUSA and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.22, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.22 | -0.01 | 0.05 | 78 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.21 | -0.02 | 0.04 | 95 | Technology | |
| Amphenol Corporation | -0.18 | 0.02 | 0.14 | 77 | Technology | |
| Marvell Technology Group Ltd. | -0.18 | -0.00 | 0.06 | 98 | Technology | |
| Sterling Construction Company, Inc. | -0.16 | 0.06 | 0.16 | 97 | Industrials |
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